Finance Operating Leases | Construction Accountant

Construction Accounting – Financing & Operating Leases

Finance leases (sometimes called capital leases or sales leases) are leases in which the lessor has legal ownership of an identified asset, and the lessee has (1) operating control over an identified asset and (2) a share in the economic risks and rewards resulting from changes in the valuation of that asset.

This guide offers a list of criteria for finance or operating leases. To learn more, download this Construction Issue Sheet.

Author:

Mark Barnett, Jr.:

How I help . . . I help my clients achieve their business goals by being their trusted advisor and applying a holistic approach to advisory services that include profit maximization, tax strategies/minimization, cash flow management, capital structure, bonding capacity and ultimately wealth accumulation and exit/succession planning.